Canopy Growth Corporation (TSX: WEED)

Canada flag Canada · Delayed Price · Currency is CAD
3.170
+0.010 (0.32%)
Jan 20, 2025, 2:58 PM EST
-51.00%
Market Cap 386.77M
Revenue (ttm) 280.50M
Net Income (ttm) -564.57M
Shares Out 122.39M
EPS (ttm) -6.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 546,669
Average Volume 1,504,779
Open 3.240
Previous Close 3.160
Day's Range 3.100 - 3.240
52-Week Range 3.090 - 20.500
Beta 1.77
RSI 22.71
Earnings Date Feb 7, 2025

About Canopy Growth

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products und... [Read more]

Sector Healthcare
Founded 2009
Employees 1,029
Stock Exchange Toronto Stock Exchange
Ticker Symbol WEED
Full Company Profile

Financial Performance

In 2023, Canopy Growth's revenue was 297.15 million, a decrease of -10.83% compared to the previous year's 333.25 million. Losses were -657.27 million, -79.95% less than in 2022.

Financial Statements

News

Canadian Marijuana Stocks To Watch To Close Out The Week

Marijuana stock investing in 2025 may be easier than you think. With a new year just getting started volatility could change to upward momentum. As 2025 is underway the chances to vote on bills and ch...

3 days ago - MarijuanaStocks

Canopy Growth Remains Undervalued Amidst Cannabis Sector Uncertainty

Canopy Growth is down 46% over the last twelve months and hit its 52-week low on Friday.

9 days ago - Seeking Alpha

Top Canadian Cannabis Stocks to Watch for Breakout Opportunities in 2025

The Canadian cannabis market remains a focal point for investors, driven by innovation and expansion into U.S. and global markets. As the U.S. cannabis industry is projected to surpass $41 billion in ...

13 days ago - MarijuanaStocks

Canopy USA Announces Appointment of Mr. M. Brooks Jorgensen as President

A cannabis and beverage alcohol industry executive with more than 25 years of experience, Mr. Jorgensen will lead the unified Canopy USA organization forward with a focus on driving profitable growth ...

14 days ago - PRNewsWire

Top Canadian Marijuana Stocks For Your 2025 Watchlist

Most marijuana stock investors are excited about the upcoming trading year. 2025 has lots of potential in various fashions that are keeping hopes high for investors and legal operators. To start there...

22 days ago - MarijuanaStocks

Cannabis sector limps into 2025 because ‘the gold rush is over'

Investors owning cannabis stocks will no doubt hope for a reversal of fortunes in 2025 after a year of bruising losses in equity prices tied to the business of legalized marijuana in the U.S.

24 days ago - Market Watch

Canopy Growth (CGC) Stock Drops Amid Financial Uncertainty

Canopy Growth (CGC) Stock Drops Amid Financial Uncertainty

4 weeks ago - GuruFocus

Top Marijuana Stocks For Investors 2025

Marijuana stock investors are always looking for the next opportunity. Whether short or long-term gains the goal is to make money. The cannabis industry has seen its fair share of volatility both in t...

4 weeks ago - MarijuanaStocks

STORZ & BICKEL Makes History as First Vaporizer Brand to Sponsor NYLON House During Miami Art Week

The Brand's Latest Device, VENTY, Crowned Vaporizer of the Year at the 2024 EMJAYS  International Cannabis Awards TUTTLINGEN, Germany , Dec. 12, 2024 /PRNewswire/ -- STORZ & BICKEL GmbH (" STORZ & BIC...

5 weeks ago - PRNewsWire

EXCLUSIVE: Drug Expert Dr. Carl Hart Slams Cannabis Prohibition Amid Hemp-THC Surge

The rise of hemp-derived cannabinoids like Delta-8 THC is reshaping the cannabis landscape in the U.S. Touted as legal alternatives to Delta-9 THC, these products have surged in popularity, particular...

6 weeks ago - Benzinga

Canopy Growth Wraps Up Acreage Acquisition Expanding US Cannabis Portfolio, What Investors Need To Know

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) said on Monday that it has fully acquired Acreage Holdings, Inc. (CSE: ACRG , ACRG.B.U)) (OTCQX: ACRHF, ACRDF) via Canopy USA, LLC , its US-domici...

6 weeks ago - Benzinga

Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage

Canopy USA is now positioned to consolidate operations across its three business units – Wana, Jetty, and Acreage – realizing synergies, cost savings, and supporting growth in state-legal markets acro...

6 weeks ago - PRNewsWire

Canopy Growth's Seasonal Essentials for Gifting, Gathering, and Unwinding

Holiday cheer starts here—elevate the season with festive flavours and fresh favourites featuring the latest and greatest from Canopy's premium product portfolio SMITHS FALLS, ON , Dec. 4, 2024 /PRNew...

6 weeks ago - PRNewsWire

Canopy Growth and Acreage Provide Update on Closing Timeline

SMITHS FALLS, ON, and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power o...

6 weeks ago - PRNewsWire

Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks

With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived fro...

7 weeks ago - Market Watch

3 Marijuana Stocks For Your Holiday Trading

What are marijuana stock investors searching for this holiday season? For starters, some companies have recently reported strong quarterly earnings. The better a company performs, the more intriguing ...

7 weeks ago - MarijuanaStocks

Aurora Cannabis Stock Analysis: Key Levels And Trading Opportunities

Cannabis stocks have faced significant challenges recently, driven by political uncertainty that has further weighed on a sector still struggling to regain its footing since the overhyped all-time hig...

7 weeks ago - Benzinga

Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO

With its stock price down about 19% so far this year and a string of money-losing quarters, Canopy Growth tapped Luc Mongeau as chief executive, taking over from David Klein on Jan. 6.

7 weeks ago - MarketWatch

Canopy Growth Names New CEO Who Will Succeed David Klein Amid US Expansion

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Tuesday that its board of directors has named Luc Mongeau as the company's next chief executive officer, effective Jan. 6, 2025. Mong...

7 weeks ago - Benzinga

Canopy Growth appoints Luc Mongeau as CEO

7 weeks ago - Seeking Alpha

Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO

An accomplished senior leader with more than 25 years of CPG experience, Mr. Mongeau has been actively engaged with the Company's board for nearly two years This appointment follows a comprehensive se...

7 weeks ago - PRNewsWire

Acreage Provides Update on Corporate Transactions

NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Acreage Holdings, Inc. ("Acreage" or the "Company") (CSE:ACRG.A.U, ACRG.B.U)(OTCQX:ACRHF, ACRDF), a vertically integrated, multi-state operator of canna...

2 months ago - Accesswire

Marijuana Industry Could Stay in Limbo Under Trump

A hands-off policy on cannabis will be a bad outcome for a business already struggling with ambiguous laws.

2 months ago - WSJ